Business Summary:
Design, Production & Wholesale of Millinery & Fashion Accessories
Ref.JF026
Location London
Asking Price £ 110,000
Established in 1990 this well known company specializes in the design, development and production of Fashion accessories, particularly hats.
The company produces twice yearly collections distributed both in England but also abroad (Japan, Korea, USA, and Europe through a very well defined selection of boutiques and stores and also contributes to other more established brands for which it can also organize production.
The reputation is established internationally with extensive press coverage.
The company is involved in all stages of production from sourcing, pattern cutting, blocking and trimming to selling and distributing.
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| Year
Business was Established: 1990 |
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| Facilities / Terms of Lease:
The owner currently works on her own from home and out sources certain work to regular contacts within the industry. |
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| Potential
Growth/Expansion:
The current market for this type of product is always consistent and continues to grow and is forecasted in the near and longer term for significant development. The business is well positioned to take maximum advantage of this growth as it occurs. |
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| Competition:
Much of the business's revenue is a result of the knowledge of a small network of foreign buyers established over the years and of the image created by a faithfull press following, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is little sales or marketing work carried out, the owner is aware that proactive sales and marketinginput, including the re-designing of the website,and participation to the relevant trade fairs would certainly improve sales and profitability and will increase its market exposure and revenues. |
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| Owner
willing to train:
The owner will provide a handover period wishes to continue working in a creative role for the business following a successful sale. |
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| Reason for selling:
As mentioned above the owner wishes to assume a creative role and needs the financial backing as well as the commercial skills and logistics of a bigger structure. |
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| This business is Home Based.
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Seller Reference Number: JF026
BusinessMart.com Listing Number: 62246 |
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